Plenty of cobras for sale at 40K and under, some finished, others still under construction. Do a little research on each kit you want to look at, then if you are still unsure of which kit or car to get, come back here and ask questions. If you get a chance to look at a car in person and you are not 100% sure of what you are looking at, see if there is a local cobra club around and ask if someone can go to look at the car with you. Two sets of eyes are better than one. If searching the web for a car, read the FAQ here on "How to buy a used Cobra" (
CLICK HERE to go to that topic). Seeing you are in California, make sure that the car you ultimately buy is legally titled in the state of the seller, no matter what the year is on the title, California will not accept it as a "vintage" car. Most of all, enjoy the hunt, sometimes that is half the fun.
Yours In Fords,
Bill S.